• At the end of July, the stock gave a breakout above its previous all time high of 486 and the trendline giving it resistance.
  • The Monthly RSI moving past its previous peak of 63 also confirms strength in the stock price.
  • Such breakouts can lead to a start of a multi-year up-move, so targets remain unclear. Simple BUY AND HOLD approach is ideal.
  • Bullish view remains intact as long as price survive 445!
Trade active
The stock has more than doubled from the post, giving +130% returns, some profit booking could be seen here around 1200!
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer